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  • Business

    98 Bottles Of Beer: Cairo Beats Cape Town In The Race for Cheap Beer By Dana Sanchez, 3:42 pm

    Capetonians consume 98 liters of beer a year but Cairo beats Cape Town when it comes to price, according to an index that compares beer prices in stores 75 cities. Cairo ranked No. 11 and Cape Town ranked No. 12 on GoEuro’s 2015 Beer Price Index. Cairo won several other categories on the index including least amount of beer consumed. Beer is just not that much in demand in Egypt’s capital.

  • Business

    Don’t Beat Us, Join Us, Says Uber South Africa CEO

    Youtube By Dana Sanchez, 3:01 pm AFKI Original

    Uber South Africa has hired private security guards to protect drivers from intimidation and xenophobic harassment by the competition — metered taxi drivers. Demand for Uber in South Africa has surged. The Internet ride-sharing company said this week more than 2 million local rides have been booked so far this year — double that of 2014. Uber is a not a transportation company, it’s a technology platform, said Uber South Africa CEO Alon Lits.

  • Agriculture

    Islamic Bonds In Sub-Sahara: UAE Now No. 4 For Foreign Investment By Staff, 10:57 am

    In 2014, South Africa became the first non-Muslim country to issue a sukuk, or Islamic bonds, in sub-Saharan Africa. U.A.E. is No. 4 in Africa for foreign investment after the U.S., the U.K. and South Africa. Middle Eastern investors were especially strong in real estate, hospitality and construction, financial services, and consumer products and retail.

  • Business

    MTN Business Eyes African Tech Acquisitions To Grow Revenue By Staff, 9:18 am

    MTN Business, the enterprise services arm of mobile operator MTN, intends pursuing partnerships with IT companies as well as acquisitions as it seeks to grow its contribution to group revenues to 20% within the next three years. That’s the word from MTN South Africa chief enterprise officer Alpheus Mangale

  • Education

    Solar Powered School Bags Lighting Homes In South Africa

    Youtube/SABC By Staff, 7:07 am

    A school bag made from recycled plastic is helping students from impoverished communities in South Africa study at night. As Clementine Logan reports, these bags are integrated with photovoltaic panels and batteries. They charge up during the day, and light up homes at night.

  • Energy

    UAE-Based Oil Firm Acquires Essar Petroleum East Africa

    Thinkstock By Staff, 6:58 am

    A UAE-based oil firm has acquired and renamed Essar Petroleum East Africa Ltd to ASPAM Energy (Kenya) Ltd in a bid to boost its downstream supply chain in oil and gas sector. “The move will improve the company’s market share from the current 1.1 per cent and consolidate the firm in east Africa,” said Gulf Petrochem Group Managing Director Sudhir Goyel.

  • Business

    Ghana Shuts Down Fuel Stations To Avoid Accra Flood Disaster Repeat By Staff, 6:33 am

    Ghana’s Ministry of Environment, Science, Technology and Innovations on Friday announced that his outfit was determined to close down more fuel stations that have been cited on water-ways. The closures will form part of activities being undertaken by a Taskforce constituted to audit 3,400 fuel stations following an explosion during flooding at the Goil Filling Station that claimed more than 150 lives in June.

  • Agriculture

    How A South African Winemaker Is Winning Rich Acclaim For His Bottles

    98108836 Vineyard, South Africa Getty By Staff, 6:26 am

    Wine lovers might have boycotted many South African wines on grounds of taste as well as politics back then. With statutory power to control production areas, prices and yields, the KWV (Koöperatieve Wijnbouwers Vereniging van Suid-Afrika) imposed regulations favouring bulk wine growers, effectively strangling the initiative of all but the most determined small producer.

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